A passion for fashionable footwear is something that's now common in both men and women in Britain. And usually starts at a relatively young age! Which means if you want to step into self-employment, then a shoe store franchise could be a great way to “dip your toe” into becoming a successful entrepreneur.
Footwear is a massive market in the UK, worth £10.3 billion and accounting for around 59,000 of retail jobs. Though the production of shoes has largely moved to China, global sales of footwear are buoyant thanks to 23 billion pairs of shoes hitting the stores. By 2020, it is estimated that footwear will have a global value of $371.8 billion.
That's not to say that opening a shoe shop is easy. It is a competitive and price sensitive retail sector, with online and supermarket sales chipping away at market share. However, there will always be a need for physical shops. For many people, the best route to owning their own footwear business is a shoe store franchise.
You can go it alone, but with a proven business model and respected branding that already has a loyal customer base. Help with your store location, planning application, training and insurance can be packaged up in franchise support. Perhaps most significantly, the equipment and a reliable supply of quality footwear benefits from the buying power and contacts of your parent franchiser.
The choices of business partners is wide. Among the global brands seeking to expand their shoe store network in the UK is Sketchers. ShoeMed is also willing to share its tried and trusted business formula with interested entrepreneurs, for stores to tackle footwear issues.
For a new start-up business with plenty of room to grow - that’s the best fit for you - contact us to discuss the latest shoe shop franchise deals.
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